EaseMyAI Targets USA & Middle East Markets After Securing Seed Funding
EaseMyAI, a startup that helps businesses automate processes through its no-code AI solutions, has made headlines by securing $360,917 (Rs 3 crore) in a seed round of funding from Inflection Point Ventures.
As per the startup, the freshly raised funds will be used for product development. It also plans to hire talent for the sales and marketing team and expand the distributor network.
EaseMyAI | Business Process Automation
Founded by Gagan Randhawa, Yaman Bharadwaj, Surendra Sancheti, and Jekin Dedhia in 2022, EaseMyAI offers businesses process automation using computer vision and AI so that they can effectively manage operations and compliance.
The startup, in addition to its no-code platform, provides its clients with a marketplace that enables them to access, upload, and download a variety of business use cases and services to tailor their dashboards and automate specific workflows.
As per Randhawa, Co-founder of EaseMyAI, the freshly raised funds will help the startup scale up in markets other than India, especially the USA and Middle East markets, and turn operationally profitable within the coming months.
Speaking about the automation and EaseMyAI, Randhawa said,
“AI and IoT-based automation will drive the industry 4.0 and dark warehouses. EasemyAI automation platform smoothens the digital transformation journey of enterprise where the platform is capable of handling AI models, IoT devices and 3rd party software.”
Statement from the Investor
Commenting on the development, Madhukar Bhardwaj, Senior VP at Inflection Point Ventures, stated that EasemyAI’s end-to-end solution allows businesses to deploy AI-based operating systems to automate their operations and processes.
“This creates a huge growth opportunity for the large and small companies to focus on the core business and eliminate the manual work with the EasemyAI platform. Their Business Model is highly scalable and IPV will support them to expand their services geographically with a strategic approach.”
Operating on a global scale with a robust distributor network, EaseMyAI is actively planning to establish collaborations in the USA market. As per the startup, its distributor network spans several countries, including UAE, Netherlands, Sri Lanka, Bahrain, Singapore, and Japan.
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